Canada Nickel Company Inc. (CVE:CNC – Get Free Report)’s share price was down 13.1% on Monday . The company traded as low as C$1.12 and last traded at C$1.13. Approximately 1,003,379 shares traded hands during trading, an increase of 108% from the average daily volume of 482,129 shares. The stock had previously closed at C$1.30.
Canada Nickel Price Performance
The firm has a 50-day simple moving average of C$1.10 and a 200-day simple moving average of C$0.95. The firm has a market cap of C$258.67 million, a P/E ratio of -12.00 and a beta of -0.82. The company has a current ratio of 0.64, a quick ratio of 1.20 and a debt-to-equity ratio of 10.24.
Canada Nickel Company Profile
Canada Nickel Company Inc, together with its subsidiaries, engages in the exploration, discovery, and development of nickel sulphide assets. It also develops zero-carbon production of nickel, cobalt, and iron. Its flagship project is the Crawford Nickel project located in northern Ontario, Canada. It serves electric vehicle, green energy, and stainless steel markets.
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